Datalex PLC Update to Virgin Australia's NGR Project (2120M)
13 Settembre 2023 - 8:00AM
UK Regulatory
TIDM0OPM TIDMDLE
RNS Number : 2120M
Datalex PLC
13 September 2023
Datalex plc
Update to Virgin Australia's Next Generation Retail Project
Dublin, Ireland, 13 September 2023: Datalex plc ("Datalex", the
"Company" or the "Group") (Euronext Growth Dublin: DLE), announces
an update on Virgin Australia's Next Generation Retail Project.
During the course of the program, Virgin Australia's priorities
with respect to its Next Generation Retail program have changed
leading to the decision to end its program with Datalex and other
impacted vendors. The decision was made following a thorough
internal review of the program.
While this is a great disappointment to both Datalex and the
Virgin Australia teams who have worked on this project for over 18
months, the parties have reached a mutual agreement on the terms of
the cancellation.
Datalex recognises that in the rapidly evolving world of airline
recovery and growth, combined with digital change and investment,
customers will change pace and direction from time to time.
Datalex is in the business of Transforming Airline Retail but
recognise that timing is in the hands of our customers, and we
respect and understand this.
David Hogarth, Chief Information Officer of Virgin Australia
said: "Throughout our collaboration, both parties worked diligently
to achieve shared objectives outlined in the agreement. As our
strategies evolve, we have collectively agreed to conclude the
contract, with mutual respect and understanding. We remain open to
potential future collaborations and value the positive interactions
we've had during our partnership."
ENDS
Contact information
Investor Enquiries
Neil McLoughlin, Datalex plc
+353 1 806 3500
investor.relations@datalex.com
Media Enquiries
Eavan Gannon, Powerscourt
+353 87 236 5973
Datalex@powerscourt-group.com
About Datalex
Datalex's purpose is to transform airline retail. Datalex is a
market leader in airline retail technology, offering unique
products that enable airlines to drive revenue and profit as
digital retailers. Datalex has a strong track record of delivering
digital retail transformation for progressive airline brands
worldwide.
The Group is headquartered in Dublin, Ireland, and maintains
offices across Europe, the USA, China and Australia.
In 2023, Datalex was awarded the 'Great Place to Work(R)' and
'Best Workplaces in Tech(TM)' certifications.
Datalex plc is a publicly listed company, on Euronext Growth,
Dublin.
Learn more at www.datalex.com
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END
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